Principles of Information Systems
Principles of Information Systems
13th Edition
ISBN: 9781337660556
Author: Ralph Stair; George Reynolds
Publisher: Cengage Learning US
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Chapter 7, Problem 1SAT
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“Buy-side” e-commerce includes different activities like identifying and comparing competitive suppliers and products, negotiating and establishing prices and terms, ordering and tracking shipments, and steering organizational buyers to preferred suppliers and products.

Hence, the correct answer is “Buy-side”.

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Buy-side e-commerce:

  • Buy-side e-commerce is a type of e-commerce transactions performed between the organization and the suppliers. Here, the organizations purchases from the suppliers.
  • It includes different types of entities like mutual funds, hedge funds, pension funds, life insurance funds, private equity funds and many such.
  • It doesn’t include any financial or custody services.

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